Steele Capital Management Inc. Takes $206,000 Position in iShares Russell 1000 Value ETF (NYSEARCA:IWD)

Steele Capital Management Inc. acquired a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 1,247 shares of the exchange traded fund’s stock, valued at approximately $206,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Greatmark Investment Partners Inc. purchased a new stake in iShares Russell 1000 Value ETF during the fourth quarter worth about $244,000. Choreo LLC grew its stake in shares of iShares Russell 1000 Value ETF by 2.0% in the fourth quarter. Choreo LLC now owns 346,105 shares of the exchange traded fund’s stock worth $57,194,000 after acquiring an additional 6,759 shares in the last quarter. Monumental Financial Group Inc. purchased a new stake in shares of iShares Russell 1000 Value ETF during the fourth quarter worth $285,000. Silver Oak Securities Incorporated raised its stake in shares of iShares Russell 1000 Value ETF by 88,000.0% in the fourth quarter. Silver Oak Securities Incorporated now owns 3,524 shares of the exchange traded fund’s stock valued at $582,000 after acquiring an additional 3,520 shares in the last quarter. Finally, HHM Wealth Advisors LLC increased its holdings in iShares Russell 1000 Value ETF by 60.2% during the 4th quarter. HHM Wealth Advisors LLC now owns 189 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 71 shares during the period.

iShares Russell 1000 Value ETF Trading Down 0.6 %

NYSEARCA:IWD traded down $1.12 during mid-day trading on Tuesday, hitting $172.73. The stock had a trading volume of 492,922 shares, compared to its average volume of 2,127,103. iShares Russell 1000 Value ETF has a twelve month low of $143.34 and a twelve month high of $179.56. The company has a market capitalization of $54.12 billion, a PE ratio of 17.74 and a beta of 0.80. The stock has a 50-day simple moving average of $173.79 and a two-hundred day simple moving average of $164.42.

About iShares Russell 1000 Value ETF

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index).